Pittas Aristeidis P 4/A

What Happened

• Aristeidis P. Pittas, a director of EuroDry Ltd. (EDRY), sold a total of 500 shares in two separate transactions on 2026-07-14. Each sale was 250 shares at $23.45 per share, reported amounts $5,863 each, for an aggregate proceeds of about $11,726. The filing is an amendment submitted 2026-07-15.
• This was a sale (disposition) rather than a purchase. Sales by insiders can be routine (liquidity, diversification, tax) and do not by themselves indicate the insider’s view of the company.

Key Details

• Transaction date(s) and price(s): 2026-07-14 — 250 shares at $23.45 (two separate S transactions).
• Total proceeds reported: ~$5,863 + $5,863 = ~$11,726.
• Shares owned after transaction: Not specified in this amended filing.
• Filing status: Amended Form 4 filed 2026-07-15 (appears timely; no late-filing flag indicated).
• Notable footnotes:
  • F1: Pittas reportedly owns a 25% interest and has effective control over shares held by Family United Navigation Co., but disclaims beneficial ownership except to the extent of pecuniary interest.
  • F2: The reporting person’s spouse also is stated to own a 25% interest and have effective control over shares held by Family United Navigation Co.; the reporting person similarly disclaims beneficial ownership except to the extent of pecuniary interest.

Context

• Sales by directors are common and can reflect personal or family financial needs; they are not definitive signals of company prospects. The filing does not indicate a 10b5-1 plan, option exercise, gift, or tax withholding related to these transactions. The family/company ownership notes indicate some shares are held through Family United Navigation Co., with limited beneficial ownership asserted by the reporting person.